ZTE leads global GPON growth in Q4 2013
24 April 2014, Shenzhen, China – ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a global provider of telecommunications equipment, network solutions and mobile devices, was the fastest-growing global GPON equipment and systems provider in Q4 2013 according to research firm Ovum.
According to the recently-released Ovum report entitled “Market Share Spreadsheet 4Q13 and 2013 FTTx, DSL, and CMTS (Units)”, ZTE’s worldwide GPON shipments reached 2.42 million OLT and ONT ports in Q4 2013，representing a 27 percent growth over Q3 2013. Making ZTE the GPON vendor with the highest quarter-on-quarter growth rate among the major vendors.
The report shows that worldwide GPON shipments in 2013 surged 58 percent year-on-year to reach 30.47 million OLT and ONT ports. The strong performance of the GPON market was mainly attributed to massive FTTx rollouts in several countries, especially in the Asia Pacific region. Eighty-one percent of all GPON products were shipped to the Asia-Pacific region, with China receiving more than half of the shipments.
China maintains its momentum of FTTx construction that was initiated in 2010. In China, which is the largest PON market in the world, ZTE holds over 35 percent share with each of the ‘Big Three’ operators. The industry consensus is that the granting of a fixed-network license to China Mobile, the biggest of the three operators, in 2013 will inject fresh life into China’ FTTx build-out.
“Innovation is the driver behind the rapid growth of ZTE’s GPON products,” said Zhu Yongxing, Vice President, ZTE Corporation. “We will continue our work to deliver products and services of even higher value to customers.”
About ZTE
ZTE is a publicly-listed global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every telecommunications sector, including wireless, access & bearer, VAS, terminals and professional services. The company delivers innovative, custom-made products and services to over 500 operators in more than 160 countries, helping them to meet the changing needs of their customers while growing revenue. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in several international bodies devoted to developing telecommunications industry standards. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. The company is China’s only listed telecom manufacturer that is publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). For more information, please visit www.zte.com.cn.
